Patrick Ricard dies aged 67

Patrick Ricard the titular head of the Pernod Ricard family, has died. He was 67. Cause of death has not been disclosed but it is believed to be a heart attack.

McLaren Vale appoints new CEO

The McLaren Vale Grape, Wine and Tourism Association (MVGWTA), the generic body that represents growers in the premium wine producing region in south-east Australia, has announced the appointment of a new chief executive officer.

Constellation sells its Australian, UK and South African wine businesses

Constellation Brands, hitherto, the world's leading wine company, has announced that it has sold its Australian and UK business, (Constellation Wines Australia and Europe, CWAE), to CHAMP, an Australian private equity group.

Foster's CFO steps down

Foster's Group has announced that Angus McKay, chief financial officer (CFO) has submitted his resignation and will depart Foster’s towards the end of this year. McKay joined Foster’s in 2004 from Fonterra Australia and was finance director, Foster’s Australia, Asia and Pacific, before taking up the CFO role in January 2008.